Indonesia will run its colossal new sovereign wealth fund “like a public company”, its chief investment officer said as he acknowledged stock market concerns about the governance of a vehicle with $900bn in assets.
Danantara became one of the world’s largest sovereign wealth funds overnight when it launched last month. Indonesia is hoping to emulate the success of Singapore’s Temasek and avoid comparisons with 1MDB, the Malaysian fund from which billions of dollars were embezzled.
“I think the spirit is, number one, full transparency. We will behave like a public company,” Pandu Sjahrir, a former businessman who studied at Chicago and Stanford, said in an interview.
您已阅读15%（672字），剩余85%（3868字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。